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Pakistan debates Islamic status of cryptocurrencies

A Pakistani fatwa denies cryptocurrencies the status of Islamic wealth.

Published 7sem1 sourceNotable
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The fact

The PVARA regulator suggests a case-by-case review to reconcile finance and Sharia.

This stance could influence other Muslim countries in their crypto regulations.

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Why it matters

La décision pakistanaise pourrait servir de modèle ou de repoussoir pour d'autres États musulmans, influençant l'adoption des cryptomonnaies dans des marchés émergents clés.

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